Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what recent discussions he has had with mortgage providers on automatic movement onto variable rate terms for people who are unable to remortgage due to outstanding fire safety issues, with regard to the affordability of those variable rate terms.

The lending industry has assured the Minister for Building Safety that their existing customers in multi-occupancy and multi-storey buildings with fire safety issues should be able to access a product transfer without penalty. Individual lenders will make a commercial decision where a leaseholder is looking to re-mortgage.